"The increase is being driven by car makers' growing requirements for British-built components as the industry accelerates its transition to electric vehicles (EVs). Demand for UK-sourced parts is expected to rise by 80% by 2030, presenting one of the largest investment opportunities in a generation for those looking to support the domestic supply chain."
"Production of next-generation volume battery electric cars began in Sunderland in December 2025, with seven new EV models set to launch across the UK this year. Battery electric vehicle volumes are expected to more than double by 2028, fuelling demand for electric motors, power electronics, and drive systems - projected to increase by over 350% by 2030."
"While electrification drives much of the growth, traditional automotive manufacturing continues to play a crucial role. Interiors, body structures, chassis, and exterior components account for a large share of local supply chain output, while high-performance internal combustion engine components, transmissions, and exhaust systems remain in strong demand."
The UK automotive sector is projected to deliver a £4.6 billion uplift in domestic manufacturing by 2030, driven by increasing demand for British-built components as the industry transitions to electric vehicles. Demand for UK-sourced parts is expected to rise by 80%, presenting significant investment opportunities. Production of next-generation battery electric cars is set to begin, with a doubling of electric vehicle volumes anticipated by 2028. Traditional automotive manufacturing remains vital, with strong demand for various components continuing alongside electrification efforts.
#uk-automotive-sector #electric-vehicles #domestic-manufacturing #supply-chain #investment-opportunities
Read at London Business News | Londonlovesbusiness.com
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